Standard Testing and Engineering LLC
How we got $13.9M
Based on its 55 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 75 years (since 1951)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 90% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 113% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 55 | $12.0M |
| 2020 | Form 5500 | 50 | $10.9M |
| 2021 | Form 5500 | 57 | $12.5M |
| 2023 | Form 5500 | 70 | $15.3M |
| 2024 | Form 5500 | 117 | $25.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STANDARD TESTING AND ENGINEERING LLC this business | $16.4M | — |
| Russell T Bundy Associates Oklahoma City | $2.0M | 0.4 mi |
| ANNA INGRAM LLC Oklahoma City | $2.0M | 0.4 mi |
| Outergate Oklahoma City | $2.0M | 0.5 mi |
| DELTA SURVEY CO Oklahoma City · 12 employees | $2.7M | 0.5 mi |
| DODSON-THOMPSON-MANSFIELD, PLLC Oklahoma City · 23 employees | $7.7M | 0.6 mi |
| Trustdigital Oklahoma City | $2.0M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 55 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.6M |
| Estimate: the two combined (geometric mean) | $16.4M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $2.2M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $13.9M |
| Multiple for this size and industry | 6.3× |
| Value range | $7.3M – $19.0M |
| Revenue range | $10.8M – $18.7M |
| EBITDA range | $1.4M – $2.5M |
| Industry (NAICS) | Engineering Services (541330) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Standard was founded in 1951 as Standard Testing and Engineering Company, a professional engineering firm specializing in geotechnical and materials testing and engineering services for the construction and manufacturing industries.”
Advisors
- BankingBOKF, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $571K | 54 |
| 2/9/2021 | second | $660K | 55 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Standard Testing and Engineering LLC
Standard Testing and Engineering LLC is an engineering & architecture company in Oklahoma City, Oklahoma, in business since 1951. Its estimated annual revenue is about $16.4M, with roughly $2.2M of EBITDA. It has about 117 employees. Its estimated business value is $13.9M (likely range $7.3M–$19.0M).
Common questions
- Who owns Standard Testing and Engineering LLC?
- The owner of Standard Testing and Engineering LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Standard Testing and Engineering LLC make?
- SeeBITDA estimates Standard Testing and Engineering LLC's annual revenue at about $16.4M (likely between $10.8M and $18.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Standard Testing and Engineering LLC worth?
- About $13.9M, roughly 6.3× its estimated EBITDA of $2.2M, typical for a engineering & architecture company its size. Likely range: $7.3M–$19.0M.
- How many employees does Standard Testing and Engineering LLC have?
- About 117, from its 2024 retirement-plan filing.
- When was Standard Testing and Engineering LLC founded?
- Standard Testing and Engineering LLC has been in business since 1951.